Besides training courses, what other meetings may Focalpoint Coaching require franchisees to attend?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor may require Franchisee (or Franchisee's Managing Owner), the Business Manager and/or other previously trained and experienced employees to attend and complete satisfactorily various training courses that Franchisor periodically chooses to provide either online or in-person at the times and locations that Franchisor designates. Franchisor may charge reasonable registration or similar fees for these courses. Besides attending these courses, Franchisor may require Franchisee to attend an annual national meeting of all FocalPoint Franchised Business franchise owners at a location Franchisor designates, and an annual regional meeting of FocalPoint Franchised Business franchise owners at a location Franchisor designates. Franchisor will not require in-person attendance for more than five (5) days during any calendar year. Franchisee agrees to pay all costs to attend these training courses and meetings.
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, franchisees may be required to attend an annual national meeting and an annual regional meeting. These meetings are for all Focalpoint Coaching franchised business owners. The location of these meetings will be determined by Focalpoint Coaching.
Focalpoint Coaching limits the in-person attendance requirement to no more than five days during any calendar year. Franchisees are responsible for covering all costs associated with attending both the training courses and these meetings. This includes travel, lodging, and any registration or similar fees that Focalpoint Coaching may charge for the courses.
This requirement to attend meetings is fairly standard in the franchise industry, as it allows the franchisor to disseminate important updates, provide additional training, and foster a sense of community among franchisees. However, the costs associated with attending these meetings can add up, so prospective franchisees should factor these expenses into their financial projections.